The landscape of eCommerce in Vietnam in 2020
1. Main takeaways of eCommerce in Vietnam The year 2019 continues to witness the strong and diverse development of online businesses in Vietnam. Along with the rapid and stable development of the economy with the growth rate of gross domestic product (GDP) of 7%, eCommerce in Vietnam has become popular and become a regular shopping […]
Vietnam eCommerce marketplaces mark massive records on Single’s Day sale 2020
On the shopping event 11.11, three dominant Vietnamese e-commerce marketplaces listed Lazada, Shopee, Tiki, and Sendo had rolled out various promotional events, musical live shows, and integrated game discount vouchers. Consequently, this has brought in an extraordinary and stimulating shopping experience for customers. Furthermore, live music shows captivate remarkable users, traffic to the three Vietnam […]
How Shopee’s marketing strategy steps up in the SEA sales event 2020
This year Singles’ Day 11.11 day has come. On this day, millions shopper across the Southeast Asia region has been saving up to start splurging on their shopping wishlist on this day especially. Top leading eCommerce marketplaces like Shopee, Lazada was throwing attractive promotional discounts across their site which enable to increase tremendous orders, sales on […]
How Vietnam E-commerce marketplaces roll out 2020 Single Day 11/11 marketing campaigns?
Since Jack Ma pioneered the super sale day 11.11, this has become a shopping phenomenon throughout Southeast Asia and especially in Vietnam. Last year, eCommerce marketplaces in Vietnam had gained billion USD in revenue just on this day: Lazada set a new world record when revenue reached 38.4 billion USD, Shopee recorded a spike in […]
How automated fulfillment is changing E-commerce around the world
What is Order Fulfillment? The fulfillment service is defined as the process from when the goods are entered into the warehouse until received by the buyer. The fulfillment process consists of multiple logistics procedures from importing, warehousing to order processing, packaging and shipping. The e-commerce revolution has spurred the development of related services such as […]
Is automated fulfillment applicable in Vietnam?
The need for a professional solution Vietnam currently has more than 4,000 domestic transportation and logistics companies, providing services from warehousing to freight, tax and payment services (according to Vietnam Report). 88% of them are domestic enterprises, while 10% are joint ventures and the remaining 2% are foreign enterprises, mainly located in two big cities: […]
Amazon’s Multichannel Automated Fulfillment process
The Multi-channel Fulfillment (MCF) service by Amazon provides fulfillment service for sellers outside the Amazon website. To put it simply, when selling on a different channel, you can send part or all of your inventory to Amazon’s Fulfillment Centers for assistance in handling, packing, and shipping. The MCF format is suitable for sellers who want […]
How JD.com stays on top of the E-commerce game in 2020
Originally an e-shop focusing on 3C products (computers, communications and consumer electronics) in urban areas since the 2000s, JD.com (also known as Jingdong) has grown to one of the largest retailers in China. In the first quarter of 2020, JD.com collected US$20.6 billion in net revenue, representing a 20.7% increase from last year’s period. The […]
Understand the importance of reverse logistics in your supply chain
What is reverse logistics? The rise of E-commerce in recent years has led to an unprecedented record of orders. Naturally, there is another increasing statistics that supply chain management has to pay attention to: returned orders. With a rough estimation that 30% of placed orders will be returned, businesses can lose a huge chunk of […]
Southeast Asia’s demand for luxury brands spikes amid Coronavirus pandemic
Since the late ’90s, the personal luxury goods market has been developing consistently, surpassing the $US 308 billion benchmark in 2019. However, the coronavirus outbreak has affected nearly all industries in general, which resulted in a plateau in market growth for the fashion sector. To cope with the drastic decline in sales and customers at […]
Philippines’ top 4 E-commerce platforms in 2020
Not an outsider to the E-commerce development in Southeast Asia, Philippines’ E-commerce landscape also experienced certain growth. As a relatively new market, although the country’s 16% of annual market growth only ranked 6th in the region, it is still higher than the global average of 13%. –> Read more: Philippines: An E-Commerce Landscape Like No […]
A complete overview of Print On Demand products (Part 2)
Part 1: What is Print On Demand, how does it work and what are the types of POD platforms? Pros and cons of the POD model Just like any business model, Print on demand has its own advantages and disadvantages. Take a glance at the next section to decide whether this model is right for […]
A complete overview of Print On Demand products (Part 1)
Along with dropshipping, Print on demand or POD for short has become a familiar concept in many countries around the world. Although it is not a new term in the Southeast Asia market, not everyone can fully understand this business model. If you are a newcomer looking to learn more about the E-commerce landscape, or […]
Opportunities for cross-border E-commerce in world’s top markets
E-commerce has never been more popular than it is today, offering the convenience of sitting at home and having the world delivered right into your hands. Thanks to E-commerce, businesses can expand their coverage to not only nationwide, but worldwide as well. With shipping time shortened by technology advancements, cross-border buyers can expect to receive […]
Boost your sales on Shopee with 16 following tips (Part 2)
Boost Your Sales On Shopee With 16 Following Tips (Part 1) Promote your store Tip #9: Join a campaign Shopee is always running campaigns and promotions on its site to boost sales and customer engagement. Products in the campaign will be featured across Shopee, reaching a huge number of customers. And the good news is, […]